Ford and the Eagle
Ford and the Eagle Something Is Boiling Below The Surface in the Big Scrap YOU can'l about these things, because event-, move swiftly nowadays; hut it appears as if there is going to he a...
...the really big bankers, the Number One men, will be glad to Ree him crushed...
...OW, the really big fellers, the men who wauled Henry to play hall with them and who arc still sore as blazes because he didn't, would give their right eyes to see Henry crushed...
...Specifically—Henry is the maverick of American big business and big business does not like him at all...
...Vertical and Horizontal j*^< IW, other motor corporations are not so self sufficient...
...Men's vacations ought no* to b* too long...
...that is, for the moment...
...For example, there is General Motors with which the name of dnl'ont is connected...
...Forget the Codes Awhile J^F.T'S forget about the code...
...Will the Ford interests he brought into line, "gleichijcschaltet...
...Henry Ford is one of the richest men iu the world, and in his sphere one of the most powerful...
...he transports the ore on his own ships, he has his own rubber plantations and his own forests...
...When Henry started business a few men chipped in, and whacked up the proceeds...
...Hut he says nothing, and neither does the General...
...The issue is joined...
...That'how it happens that Senator Couaens and the two Dodge Brothers got to be so rich...
...In the first place, there is the whole question of what it means to sign up a code Henry lets it he understood that he pays better wages than the automobile code calls for, so why should he sign...
...Immorality in greater on holidays than any other time...
...But here is the crux of the whole situation...
...If the General can make Ford kiss the Blue Eagle, will United States Steel be able to stand out against the American brand of "coordination...
...but Henry's influence is strictly limited, and the reason is that he does not play hall with the big fellers...
...And there you are...
...hut it appears as if there is going to he a first class scrap, with dour old Henry Ford in the center of the fray...
...You can't buy shares of Ford stock, and when Ford needs money he doesn't go to the hankers and ask them to float a loan for him...
...and there is a diil'ont m United States Steel and iii the Pennsylvania Railroad and in the various industries connected with powdt r and explosives...
...Ford is the first really big proposition General Johnson has undertaken to tackle...
...THE BRAY of THE WEEK DEV...
...It is easy enough to plaster Blue Eagles on local store windows, for if the corner grocer doesn't display the sign there's always another store down the block...
...Wealth and power spell influence...
...Will Henry Be Crushed...
...It is hard to tell whether he can do a job as big as that...
...But Henry doesn't like hankers...
...He mines his own iron and runs his own railroad...
...A man's job Is his soul's salvation because occupation takes him away from temptation...
...Just how much power does he wield, and what about it...
...The Rev...
...And that, in a sense, is what is boiling under the surface...
...Some years ago ihev literally begged him to let them lend him money, hilt lie siid he could do his own financing...
...RAYMOND L. FORMAN, an Episcopal divine, agrees with John W. Davis, LL.D., that leisure is a bad thing for the lower orders, for what would they do with their spare time if they had it...
...They have crushed some pretty big men in their time for not playing ball, hut Henry is the biggest who ever consistently defied them...
...Now he says he doesn't need a code...
...Will Johnson bring Henry to his knees...
...The big fellows are sitting on the sidelines, wondering what is coming next...
...got up in his pulpit on Labor Sunday and divested himself of the following deep thoughts: "Apart from wages, a job means many things to man...
...And then there is something even bigger than that...
...The Ford Motor Company is i self-sufficient organization...
...but then who will come next...
...Take that, General Johnson...
...or at least, h;s actions say that What can Uncle Sam do about it ? General Johnson pounds the table and hollers swear words and dares anyone to monkey with the Rltie Eagle...
...It is said he raised cash by squeezing every one of his thousands of agents and compelling them to sell an additional car each week, at any rate, he got the cash and thumbed his nose at the hankers...
...Can NKA smash Henry...
...Let's take a look at another angle of the set-up...
...Hankers also figure, iu such vast networks of industry...
...But it's different when you tackle something as big as the F'ord company...
...The Number One people want Ford to lie crushed, Intt they would hate like the very devil to see NRA become powerful enough to bring a billion dollar corporu ration to its knees...
...Henry likewise organized a verticil trust, that is, he buys practically nothing from anybody...
...That Henry is an industrial genius has nothing to do with what the present scrap is about, nor is the fact that he often shows -igns of distinct inferiority in matters unconnected with motors as for example his imhecilic anti-Semitic campaign...
...For example, just how big a man is Henry...
Vol. 16 • September 1933 • No. 11
